XavierOnassis Posted December 1 2 minutes ago, peter45 said: Don't TELL ME what I mean. Buying low and selling high is the essence of successful stock market investing. Knowing when the lows and highs are is the hardest part. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 35 minutes ago, JoeAverage said: Wait a darn minute here, With in the last few days you have made these comments: 1. "Obama DID NOT correct the economy." 2. "Trump's borrow and spending is funding 21% of the jobs of those employed. TECHNICALLY, WE ARE IN A DEPRESSION" 3. "We are smack dab in the middle of a Recession/Depression." 4. "IF THE GOVERNMENT IS SPENDING THE MONEY THAT EMPLOYS 1 IN 5 JOBS, WE ARE IN A RECESSION!" So,,,, which is it? We are in a recession/depression. Government spending is hiding that fact. Sometime in the future, the politicians/banking industry will find it advantageous to advertise that fact, which is when the panic will begin. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 1 minute ago, XavierOnassis said: Buying low and selling high is the essence of successful stock market investing. Knowing when the lows and highs are is the hardest part. That is stock market gambling. Investing is a dignified word. It means buying a stock with the expectation of the share of the profits from the business called dividends. Quote Share this post Link to post Share on other sites
XavierOnassis Posted December 1 I find Schwab's various blogs quite useful. Quote Share this post Link to post Share on other sites
XavierOnassis Posted December 1 1 minute ago, peter45 said: That is stock market gambling. Investing is a dignified word. It means buying a stock with the expectation of the share of the profits from the business called dividends. The goal of putting some money in the stock market is to have it grow into MORE money faster than the rate of inflation. Tech companies prefer to reinvest profits in growth, which makes the share price rather often. Day trading is really gambling. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 2 minutes ago, XavierOnassis said: The goal of putting some money in the stock market is to have it grow into MORE money faster than the rate of inflation. Tech companies prefer to reinvest profits in growth, which makes the share price rather often. Day trading is really gambling. Buying any stock is gambling. No one even understands the expressions; Widows and Orphan stocks, or, Big Blue, anymore. Quote Share this post Link to post Share on other sites
Giujo Posted December 1 1 hour ago, peter45 said: Don't TELL ME what I mean. Uh huh...that was a QUESTION DUMBASS Quote Share this post Link to post Share on other sites
JoeAverage Posted December 1 8 minutes ago, peter45 said: We are in a recession/depression. Government spending is hiding that fact. Sometime in the future, the politicians/banking industry will find it advantageous to advertise that fact, which is when the panic will begin. Ok, just checking to see if your stance has changed. As far as panic selling goes, it is very possible. In the current environment when a tweet can make the DOW tumble 800 points it is highly likely volatility will go higher. I wouldn't be surprised to see the VIX spike up to the high 30"s again. When is the question. I think the Bears are pretty hungry and the higher the market goes, their drooling increases. Right or wrong, we went from 100% equities to 100% bonds in August and continue to buy equities through our 401ks. So panic selling is not a huge concern for us right now. Being less than a decade from retirement, it was time to take a more "conservative" stance. Quote Share this post Link to post Share on other sites
theLion Posted December 1 3 hours ago, personreal said: Carnac the Magnificent has spoken. With yer divined borderline mystical powers yer probably a billionaire...right? The question was asked, I gave my answer. what’s yours? oh, and GFY. Quote Share this post Link to post Share on other sites
bludog Posted December 1 4 hours ago, peter45 said: I bailed out years ago. What did you invest in? Quote Share this post Link to post Share on other sites
peter45 Posted December 1 21 minutes ago, bludog said: What did you invest in? CDs at credit unions and banks. (not Taylor Swift, but the grandchildren would like that) My senior citizen wife still has a lot in what she believes is a "safe fund". I don't know what it is. She is still working, and seldom listens to my ramblings, but it is her earnings, and we are already receiving more than the average household income from Social Security, and live like we are in the poverty level, so I don't much care. I won't outlive my money. We are happy. My 16 year old car may soon turn over 85,000 miles, Quote Share this post Link to post Share on other sites
peter45 Posted December 1 33 minutes ago, Giujo said: Uh huh...that was a QUESTION DUMBASS I don't give crude insults, nor accept them. Quote Share this post Link to post Share on other sites
bludog Posted December 1 3 minutes ago, peter45 said: CDs at credit unions and banks. Thanks for your answer. This is exactly the the course of action I'm considering. Haven't done it yet. Quote Share this post Link to post Share on other sites
Giujo Posted December 1 1 hour ago, peter45 said: I don't give crude insults, nor accept them. LOL...Too late...ya just did dumbass Quote Share this post Link to post Share on other sites
dontlooknow Posted December 1 Most people are in the stock market through their 401ks. Quote Share this post Link to post Share on other sites
JoeAverage Posted December 1 14 minutes ago, dontlooknow said: Most people are in the stock market through their 401ks. Wrong, 53-54% of people don't own even 1 share of stock. Quote Share this post Link to post Share on other sites
sole result Posted December 1 5 hours ago, XavierOnassis said: The original post had ZILCH to do with "social identities". What is YOUR social identity, sole? Panicking and cashing out has always been the dumbest thing to do. Ideally, a really smart investor would have cashed out BEFORE the crash. ALWAYS consult Stansberry Research. Stansberry is an expert on impending crises. NOT. everything reality is about has to do with social identities and rank within contextual groups of who people declare themselves as beyond just reproductions sustaining the numbers present in the atmosphere now. Quote Share this post Link to post Share on other sites
sole result Posted December 1 3 hours ago, peter45 said: I don't give crude insults, nor accept them. Polite ones are so much better. Quote Share this post Link to post Share on other sites
Golfboy Posted December 1 9 hours ago, peter45 said: When the next Recession begins, how quickly will people flee the market? Liberals have been promoting a recession since before Trump took office. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 9 minutes ago, Golfboy said: Liberals have been promoting a recession since before Trump took office. The deficit spending of borrowed dollars will pay the salaries of 1 in 5 working people, in other words, there would be 20% plus unemployment. WE ARE IN A RECESSION. THE SPENDING IS HIDING IT FROM THE PUBLIC, WHO DON'T UNDERSTAND THE ECONOMY. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 19 minutes ago, sole result said: Polite ones are so much better. Those who receive the polite ones, seldom comprehend what has happened. Quote Share this post Link to post Share on other sites
sole result Posted December 1 Just now, peter45 said: Those who receive the polite ones, seldom comprehend what has happened. Doesn't change my point. Your goal is no different than those using crude ones. Quote Share this post Link to post Share on other sites
peter45 Posted December 1 1 minute ago, sole result said: Doesn't change my point. Your goal is no different than those using crude ones. Crude is so Trumpish. Quote Share this post Link to post Share on other sites
XavierOnassis Posted December 2 11 hours ago, sole result said: everything reality is about has to do with social identities and rank within contextual groups of who people declare themselves as beyond just reproductions sustaining the numbers present in the atmosphere now. Yeah, reality is evil and cruel'. CRUSH REALITY NOW! And make sure you do it in THIS atmosphere! Why? Because it is the open where numbers are swarming all over the place! Quote Share this post Link to post Share on other sites
merrill Posted December 2 21 hours ago, merrill said: The sooner most remove their assets from big banks and move them to small operations and credit unions the safer the assets will become. How many can afford to lose retirement plans? How many can afford to lose medical insurance? How many should get the hell out of Wall Street? How much can YOU afford to lose? Does anyone actually expect taxpayers to be the insurance behind large mismanaged corporations and lending institutions? SUPPORT NO MORE TAXPAYER BAILOUTS EVER AGAIN!!!!!!!!! CONSERVATIVE RINO'S ARE BACK AT THE FOREFRONT WHERE FINANCIAL SCAMS AND ECONOMIC DISASTERS HAVE SOME LONG AND DANGEROUS HISTORY!!!!! Conservatives CRASHING THE ECONOMY Are RINO’s - WE must all think about what Conservative RINO’s have leave behind that screws over democrats,republicans and liberals alike which ruins our quality of life. Conservative RINO’s CRASHING THE ECONOMY http://www.guardian.co.uk/commentisfree/2012/jun/09/did-republicans-deliberately-crash-us-economy --- The RINO Conservatives Reagan/Bush Savings and Loan Heist http://www.dailykos.com/story/2014/12/18/1352819/--The-Bush-Brothers-are-Bank-Robbers# --- The RINO Conservatives Bush/Cheney Wall Street Home Loan Heist http://www.dollarsandsense.org/archives/2009/0709macewan.html http://www.dailykos.com/story/2009/02/25/700272/-FBI-Kills-RUSH-s-Blame-the-Borrower-Meme-and-Ignore-the-Money-Launderers-UPDATED --- What Did RINO Conservatives Do With $700 billion of bank bail out money? http://www.democracynow.org/2009/9/10/good_billions_after_bad_one_year ============================================================== --- Why did RINO Conservative GW Bush Lie About Social Security?( This WILL cost taxpayers $4 trillion,place taxpayers insurance money at risk and wreck the economy) http://www.dollarsandsense.org/archives/2010/0111orr.html =============================================================== --- Still A Bad Idea –The RINO Conservative ENTITLEMENT Package for the wealtiest 1% = STILL INCREASES TAX AND DEBT http://www.dollarsandsense.org/archives/2001/0301miller.html Quote Share this post Link to post Share on other sites